Category Archive

Partnering with Refresh Funding, in August of 2015, the homeowner bought a Biscayne Gardens property for $147,800. It took 150 days and investing $21,100 in rehabilitation cost. The investor paid 12% for a total debt service cost of $186,808. With Refresh Funding supplying a 103,460 hard money loan, the investor was able to sell the property at $318,000 and …

Fix-and-Flips can be quick and simple with a reliable hard money lender. The anatomy is simple and the costs are minimized with a fast rehab. To understand the simple math of a fix and flip here is a standard loan Rehab Funding made with an investor in 2015. Partnering with Refresh Funding, in August of 2015, the homeowner bought a Homestead property …

In the wake of 2008 Housing Crisis in South Florida, many fear the current market is in a bubble. Looking at the median sales price for homes in Miami, Florida in the graph below, the trend for 2016 looks eerily similar to the one that was approaching 2007. But before, abandoning your property there are many differences in the real …

In February of 2015 , Refresh funded a $100,000 hard money loan for a single family home fix & flip project in Miami, Fl. The purchase price was $135000. The Borrower plans to complete the rehab and flip back onto the market for $195000, so the loan-to-value is 74%. The loan term is 1 year. The loan was made to …

Here is an example of a successful fix and flip in Kendal Lakes. BEFORE: AFTER: In April of 2016, Refresh funded a $174,200 hard money loan for a multi-family unit fix & flip project in Miami. The purchase price was $268000. The Borrower plans to complete the rehab and flip back onto the market for $349744, so the loan-to-value is …

In February of 2016, Refresh funded a $235000 hard money loan for a multi-family unit fix & flip project in Miami Shores. The purchase price was $244270. The Borrower plans to complete the rehab and flip back onto the market for $394935, so the loan-to-value is 60%. The loan term is 1 year. The loan was made to a seasoned …

In December of 2015, Refresh funded a $225000 hard money private equity loan for a single family residence fix & flip project in Miami. The purchase price was $600000. The Borrower plans to complete the rehab and flip back onto the market for $670000, so the loan-to-value is 36%. The loan term is 1 year. The loan was made to …

In November of 2015, Refresh funded a $150,000 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $138000. The Borrower plans to complete the rehab and flip back onto the market for $180000, so the loan-to-value is 83%. The loan term is 1 year. The loan was made to a seasoned …

In October of 2015, Refresh funded a $90,000 hard money loan for a single family residence fix & flip project in Miami. The purchase price was $215000. The Borrower plans to complete the rehab and flip back onto the market for $300000, so the loan-to-value is 30%. The loan term is 1 year. The loan was made to a seasoned …

Last Month, Refresh funded a $20,000 hard money loan for a single family residence rehab property project in Miami. The purchase price was $79000. The Borrower plans to complete the rehab and flip back onto the market for $95000, so the loan-to-value is 25%. The loan term is 1 year. The loan was made to a seasoned borrower, and was …